22 Oct China May Counteract US Port Service Fees
It is anticipated that China could impose its own port charges and bar ships in U.S. services under new regulations that raise the stakes in the trans-Pacific trade war with the United States.
China’s State Council amended regulations on international maritime transport, targeting countries that discriminate or impose restrictions on Chinese shipping.
The regulations provide for “necessary countermeasures” including fees on vessels of that country or region when berthing at Chinese ports; prohibiting or restricting vessels of that country or region from entering or leaving Chinese ports; and prohibiting or restricting organisations and individuals of that country or region from obtaining data, information, and engaging in international maritime transport involving Chinese ports.
At this point in time, neither the amount of these fees or a commencement date has been announced. To stay up-to-date with further developments, simply follow our LinkedIn page.
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